open-outcry

Two members of the LME's board said continuity of the exchange's open-outcry trading floor and other traditions will be a consideration as they review the bids.

LME CEO Says Viable Bid Unlikely Before Next Year Francesca Freeman 2011

Floor traders, who aren't authorized to speak with media by their employers, said the building going up for sale reinforced a long-held belief that the exchange wants to phase out open-outcry trading, which accounts for less than 15% of the volume in the grain markets right now.

CME Group to Sell Chicago Building Jacob Bunge 2011

The questions come amid a quickening pace of change in recent years at the NYSE that has already dented the open-outcry system on the floor.

Feelings on the Floor Run From 'Curiosity' to 'What Now?' Kristina Peterson 2011

As part of any deal, the CME said it will aim to secure a 15-year lease on the sale of the facilities it currently uses and reiterated its commitment to open-outcry trading, which accounted for about 20% of the 3.1 billion futures and options traded on its markets last year.

CME Group to Sell Chicago Building Jacob Bunge 2011

ICE has pushed several open-outcry commodity exchanges into pure electronic platforms, forcing traditional operators to rethink their electronic-trading strategies.

ICE Provides Power for Nasdaq's Bid Carolyn Cui 2011

Every change in the last 10 years has chipped away at the open-outcry system and the people involved in that marketplace.

Feelings on the Floor Run From 'Curiosity' to 'What Now?' Kristina Peterson 2011

One point of discussion surrounding the future of the LME is whether potential new owners would maintain its historic open-outcry trading floor, known as "the ring."

INTL FCStone Agrees to Acquire MF Global's U.K. Metals Team Francesca Freeman 2011

But if history is any judge, the move could also precede a shrinkage in open-outcry dealing.

As CBOE Goes Electronic, Voices Rise From the Floor Brendan Conway 2010

But prices suddenly turned lower during the last 15 minutes of open-outcry trading, and the selling intensified toward the close.

Crude Slips in Late-Day Selloff Dan Strumpf 2011

Floor traders, who aren't authorized to speak with media by their employers, said the building going up for sale reinforced a long-held belief that the exchange wants to phase out open-outcry trading, which accounts for less than 15% of the volume in the grain markets right now.

CME Group to Sell Chicago Building Jacob Bunge 2011